Hwatsing Technology Co (SHSE:688120) Days Payable : 293.34 (As of Sep. 2024)

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What is Hwatsing Technology Co Days Payable?

Hwatsing Technology Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥1,686 Mil. Hwatsing Technology Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥524 Mil. Hence, Hwatsing Technology Co's Days Payable for the three months ended in Sep. 2024 was 293.34.

The historical rank and industry rank for Hwatsing Technology Co's Days Payable or its related term are showing as below:

SHSE:688120' s Days Payable Range Over the Past 10 Years
Min: 189.1 Med: 356.18 Max: 535.54
Current: 275.4

During the past 7 years, Hwatsing Technology Co's highest Days Payable was 535.54. The lowest was 189.10. And the median was 356.18.

SHSE:688120's Days Payable is ranked better than
93.63% of 974 companies
in the Semiconductors industry
Industry Median: 52.37 vs SHSE:688120: 275.40

Hwatsing Technology Co's Days Payable increased from Sep. 2023 (218.27) to Sep. 2024 (293.34). It may suggest that Hwatsing Technology Co delayed paying its suppliers.

Hwatsing Technology Co Days Payable Historical Data

The historical data trend for Hwatsing Technology Co's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Hwatsing Technology Co Days Payable Chart

Hwatsing Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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189.10

286.43

390.11

356.18

258.72

Hwatsing Technology Co Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															218.27	212.56	285.14	298.94	293.34

Competitive Comparison of Hwatsing Technology Co's Days Payable

For the Semiconductor Equipment & Materials subindustry, Hwatsing Technology Co's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Hwatsing Technology Co's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Hwatsing Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hwatsing Technology Co's Days Payable falls into.

Hwatsing Technology Co Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Hwatsing Technology Co's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (1017.747	+	901.587)	/	2 )	/	1353.9	*	365
=	959.667					/	1353.9	*	365
=	258.72

Hwatsing Technology Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (1632.898	+	1739.204)	/	2 )	/	524.488	*	365 / 4
=	1686.051					/	524.488	*	365 / 4
=	293.34

Hwatsing Technology Co Days Payable Related Terms

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Hwatsing Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Hwatsing Technology Co Ltd (SHSE:688120) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 11 Juxing Road, Xianshuigu Town, Jinnan District, Tianjin, CHN, 300350

Website

http://www.hwatsing.com

Hwatsing Technology Co Ltd is engaged in research and development, production, sales, and technical services of semiconductor special equipment.

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